The placing price was 0.40p in September. I see us getting there once sentiment returns here. It is a tough world out there and us mugs need to time our entries right to make money in this market. 0.20p VAST is a steal folks IMO.
Ask the people at PREM (who sold out at 0.05p only to see the SP go up to 0.50p (10 bagger) afterwards.
ANything under 0.30p at VAST is a good buy in my view and I have managed to build a decent stake here.
I do not think all those trades were sells yesterday as there were some decent buys going in. The SP went from 48p ish to 70p and now down to 40p. Looks oversold to me.
Very positive reading to me: "The Company is particularly pleased to note the potential increase of more than 350% of concentrate sales in Q4 2022 versus Q3 2022 on the basis of 335 WMT shipped to date and a further 180 WMT booked to be shipped before the end of this month."
Bottom hit yesterday IMO, could be a very blue day today.
IG, I agree with you. Have bought in 2.5m shares today sub 0.18p. Only a matter of time before this ship turns and moves up. We are at capitulation point.
RE: Cheapest Gold Explorer with Multi-million oz deposits potential15 Dec 2022 11:14
Still small trades going through, when the £10,000 buyers move in, we will see an almighty rise from down here. Am seeing 0.25p by Christmas if not higher.
RE: Cheapest Gold Explorer with Multi-million oz deposits potential15 Dec 2022 11:12
My biggest regret of recent past is selling out of PREM too early having bought in at 0.06p, I missed a 10 bagger there when the SP went to 0.60p.
ORR seems to be another one that could easily 10 bag from 0.14p to 1.4p if I hold for a few months. Let's see which major Western or Chinese company makes a move here.
The small market cap here means buys or sells can move the SP wildly as we saw yesterday. There were three £10K sells which saw bid and ask move to 0.12p/0.125p. The assets are woth several times the market cap and the SP will start moving up when the buyers return. I suspect a lot sold to chase rainbows elsewhere e.g. GCAT. I have managed to build a decent holding here and I see the SP doubling in the next few days/weeks IMO.